Bassett Law Office, P.C.
Offering exceptional client service in Wood River, Illinois.
Toll-Free : 866-670-1382 Phone : 618-216-5217

Madison County Illinois Estate Planning Blog

These areas are priorities for your estate plan

Your estate plan is a multifaceted tool that helps your loved ones distribute your assets when you are gone, but there is much more to this tool than that. You can also let your loved ones know what you want in your final days if you can't speak up for yourself.

When you are getting your estate plan together, you must be ready to do more than create a will. Here are some of the other things to think about when you are preparing for the process:

What does an executor do?

There are sometimes several people involved with the creation of a will: The deceased, their attorney, their family members, and their friends or other loved ones. All of these people can contribute to making the will a relevant, legally enforceable document. Often, one of these people will play another very important role-- as the executor. 

Before making a will, many people are not aware of the necessity of an executor. But as you proceed with the estate planning process, you will find out just how important the executor can be for an estate. Here, we will discuss what you should know about executors of the will.

Why you don't want a will kit

There's nothing more frustrating than having something completed, only to find out it was done wrong when it's too late to fix it. Imagine the severity if it's your last will and testament.

While Illinois recognizes many wills--including some in rather simple forms--the requirements are still very strict. Do-it-yourself "will kits" and online forms have become common as the internet has grown. Any estate plan is subject to probate and the state's meticulous regulation. If you fill out a "will kit" wrong, your will is either invalid or it may benefit the wrong people.

Living wills and health care power of attorney

Most people want to know that they will be taken care of if they are injured, but they also tend to have a preference for how they are treated. In many cases, people are able to communicate their wishes on their own, but what happens if they are not able to do so?

There are legal arrangements that allow people to specify exactly how they want to be cared for (or not cared for) in the event they are for some reason made incapable of communicating their health care preferences on their own. However, even if they have specified how they want to be cared for, someone still has to be responsible for making those wishes are carried out properly.

Contact

Bassett Law Office PC
16 W. Lorena Avenue
Wood River, IL 62095

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Toll Free: 866-670-1382
Phone: 618-216-5217
Fax: 618-254-0144